First Trust 718 Corporate Investment Grade Portfolio Long-Term Series 2 is a unit investment trust designed to offer investors exposure to a diversified, professionally selected portfolio of long-term corporate bonds. The portfolio is composed exclusively of fixed-income securities issued by corporations that carry investment-grade ratings within the four highest categories as determined by Standard & Poor’s. The primary objective of this trust is to provide regular distributions of interest income to unitholders while seeking to preserve invested capital over its fixed lifespan. It operates with a defined maturity date, ensuring that the bond holdings are held to term rather than actively traded. This structure appeals to investors seeking predictable income, transparency, and a time-limited investment aligned with specific financial planning horizons. The trust plays a significant role within the fixed-income segment of the financial market, supporting corporate funding needs while addressing investor demand for lower-risk, income-focused securities. By focusing on investment-grade issuers, the portfolio aims to mitigate credit risk, making it relevant for conservative fixed-income strategies.
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